Crypto Biz: Riot Platforms and Bitfarms dispute escalates
This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more.
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Major Japanese Fintech Firm Halts Plans to Launch Crypto Exchange, Citing Bear Market
Money Forward Inc., the operator of one of Japan's most popular personal budgeting apps, has resolved to halt its plans to launch a crypto asset exchange. The development was reported by Cointelegraph Japan today, April 15.As previously reported, Money Forward had established a dedicated subsidiary in May 2018 for its crypto exchange project. It had…

Exchange Partners With University of Luxembourg to Improve Crypto Asset Security
A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23.VNX is a marketplace and trading platform for tokenized venture capital founded in 2017. VNX is a member of fintech incubator the Luxembourg House of Financial Technology (LHoFT),…

Trump nominates pro-Bitcoin Matt Gaetz as US attorney general
Gaetz’s nomination for US attorney general signals a potential shift in the DOJ’s stance on crypto, innovation and regulatory policies.

Russia to decide between blanket crypto ban and legalizing exchanges in 2022
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022. 571 Total views 36 Total shares On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks…

German crypto asset trading platform Bitcoin Group SE buys bank with full license
Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMex execs. 589 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTBitcoin Group SE, operator of the German crypto trading…

Don’t click links: Crypto community responds to alleged Telegram ‘exposé’
Telegram announced that the anonymous account's claims are “baseless” and are made to "get users to download malware." 279 Total views 18 Total shares This week the crypto community’s attention was captured by an anonymous person who claimed that they will expose the misdeeds of prominent crypto influencers and top projects within the crypto space. The…

Gulf Region’s Burgeoning Renewable Energy Sector Should Leverage Blockchain, Experts Argue
Blockchain can make the infrastructure of new renewable energy markets across the Gulf Cooperation Council (GCC) more secure, resilient and cost-efficient, experts from United States-based tech consultancy firm Booz Allen Hamilton have said. Middle East business news site Al Bawaba reported the news on March 4.The GCC — a regional political and economic union that…

DeFi Protocol Balancer Hacked Through Exploit It Seemingly Knew About
The Balancer automated market maker protocol has been hacked for over $500,000 in a single Ether (ETH) transaction, facilitated once again by a dYdX flash loan.As analyzed by the 1inch.exchange team a few hours after the incident, a carefully crafted transaction taking more than 8 million gas, or about two thirds of an Ethereum block,…